$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

$dhil Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000090910823000036 Filed on May 10, 2023

Income Statement

Concept	2023 Q2	2023 Q1
Revenue	$33.35M	$33.99M
YoY Change	-14.53%	-19.56%
Cost Of Revenue	$823.1K	$782.9K
YoY Change	-1.72%	-4.27%
Gross Profit	$32.53M	$33.21M
YoY Change	-14.81%	-19.86%
Gross Profit Margin	97.53%	97.7%
Selling, General & Admin	$5.359M	$5.159M
YoY Change	-0.76%	5.34%
% of Gross Profit	16.48%	15.53%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$327.0K	$328.0K
YoY Change	-7.29%	-9.63%
% of Gross Profit	1.01%	0.99%
Operating Expenses	$25.56M	$23.05M
YoY Change	36.2%	-0.58%
Operating Profit	$7.786M	$10.94M
YoY Change	-61.55%	-42.63%
Interest Expense	$6.361M	$8.083M
YoY Change	-136.1%	-207.21%
% of Operating Profit	81.69%	73.87%
Other Income/Expense, Net	$6.277M	$8.083M
YoY Change	-10800.15%	-15341.82%
Pretax Income	$14.06M	$19.02M
YoY Change	446.42%	65.71%
Income Tax	$3.894M	$4.921M
% Of Pretax Income	27.69%	25.87%
Net Earnings	$9.432M	$12.71M
YoY Change	113.75%	39.19%
Net Earnings / Revenue	28.28%	37.39%
Basic Earnings Per Share	$3.18	$4.20
Diluted Earnings Per Share	$3.18	$4.20
COMMON SHARES
Basic Shares Outstanding	2.970M shares	3.053M shares
Diluted Shares Outstanding	2.970M shares	3.025M shares

Balance Sheet

Concept	2023 Q2	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$38.66M	$40.33M
YoY Change	-33.92%	-31.38%
Cash & Equivalents	$38.66M	$40.33M
Short-Term Investments
Other Short-Term Assets	$3.050M	$3.431M
YoY Change	-1.71%	8.64%
Inventory
Prepaid Expenses
Receivables	$18.96M	$18.84M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$60.67M	$62.60M
YoY Change	-24.93%	-24.64%
LONG-TERM ASSETS
Property, Plant & Equipment	$3.472M	$3.913M
YoY Change	-32.86%	-30.65%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$27.67M	$25.51M
YoY Change	146.19%	94.4%
Other Assets	$12.55M	$13.23M
YoY Change	-5.86%	23.39%
Total Long-Term Assets	$180.0M	$171.9M
YoY Change	5.01%	-3.57%
TOTAL ASSETS
Total Short-Term Assets	$60.67M	$62.60M
Total Long-Term Assets	$180.0M	$171.9M
Total Assets	$240.6M	$234.5M
YoY Change	-4.59%	-10.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$6.326M	$7.156M
YoY Change	-42.13%	-10.16%
Accrued Expenses	$14.39M	$7.268M
YoY Change	-22.42%	-35.11%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$20.72M	$16.72M
YoY Change	-29.72%	-30.48%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$33.21M	$31.23M
YoY Change	13.44%	-8.06%
Total Long-Term Liabilities	$33.21M	$31.23M
YoY Change	13.44%	-8.06%
TOTAL LIABILITIES
Total Short-Term Liabilities	$20.72M	$16.72M
Total Long-Term Liabilities	$33.21M	$31.23M
Total Liabilities	$53.93M	$47.95M
YoY Change	-8.21%	-17.35%
SHAREHOLDERS EQUITY
Retained Earnings	$142.1M	$137.1M
YoY Change	15.29%	10.97%
Common Stock	$42.90M	$55.69M
YoY Change	-39.66%	-33.32%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$163.9M	$169.2M
YoY Change
Total Liabilities & Shareholders Equity	$240.6M	$234.5M
YoY Change	-4.59%	-10.27%

Cashflow Statement

Concept	2023 Q2	2023 Q1
OPERATING ACTIVITIES
Net Income	$9.432M	$12.71M
YoY Change	113.75%	39.19%
Depreciation, Depletion And Amortization	$327.0K	$328.0K
YoY Change	-7.29%	-9.63%
Cash From Operating Activities	$11.89M	-$13.78M
YoY Change	-15.9%	0.75%
INVESTING ACTIVITIES
Capital Expenditures	$7.830K	$13.88K
YoY Change		-39.44%
Acquisitions
YoY Change
Other Investing Activities	-$529.9K	-$872.7K
YoY Change	47.87%	-146.99%
Cash From Investing Activities	-$537.8K	-$886.6K
YoY Change	50.06%	-148.34%
FINANCING ACTIVITIES
Cash Dividend Paid		$4.576M
YoY Change		-5.02%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-13.03M	-$8.193M
YoY Change	-7.3%	-17.46%
NET CHANGE
Cash From Operating Activities	11.89M	-$13.78M
Cash From Investing Activities	-537.8K	-$886.6K
Cash From Financing Activities	-13.03M	-$8.193M
Net Change In Cash	-1.678M	-$22.86M
YoY Change	506.21%	5.0%
FREE CASH FLOW
Cash From Operating Activities	$11.89M	-$13.78M
Capital Expenditures	$7.830K	$13.88K
Free Cash Flow	$11.89M	-$13.79M
YoY Change	-15.96%	0.68%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000909108
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	000-24498
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	DIAMOND HILL INVESTMENT GROUP, INC.
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	OH
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	65-0190407
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	325 John H. McConnell Blvd., Suite 200
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Columbus
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	OH
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	43215
CY2023Q1	dei	City Area Code CityAreaCode	614
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	255-3333
CY2023Q1	dei	Security12b Title Security12bTitle	Common Stock, no par value
CY2023Q1	dei	Trading Symbol TradingSymbol	DHIL
CY2023Q1	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	2970475	shares
CY2023Q1	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	40334923	usd
CY2022Q4	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	63195302	usd
CY2023Q1	us-gaap	Investments Investments	154784963	usd
CY2022Q4	us-gaap	Investments Investments	145675711	usd
CY2023Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	18835657	usd
CY2022Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	17329034	usd
CY2023Q1	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	3430543	usd
CY2022Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	3435269	usd
CY2023Q1	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	0	usd
CY2022Q4	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	1463547	usd
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	3913207	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	4348341	usd
CY2023Q1	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	13231398	usd
CY2022Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	14374206	usd
CY2023Q1	us-gaap	Assets Assets	234530691	usd
CY2022Q4	us-gaap	Assets Assets	249821410	usd
CY2023Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	8356311	usd
CY2022Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	9177977	usd
CY2023Q1	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	6068220	usd
CY2022Q4	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	32100000	usd
CY2023Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	2294207	usd
CY2022Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	0	usd
CY2023Q1	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	31231801	usd
CY2022Q4	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	30744990	usd
CY2023Q1	us-gaap	Liabilities Liabilities	47950539	usd
CY2022Q4	us-gaap	Liabilities Liabilities	72022967	usd
CY2023Q1	us-gaap	Redeemable Noncontrolling Interest Equity Common Fair Value RedeemableNoncontrollingInterestEquityCommonFairValue	17332798	usd
CY2022Q4	us-gaap	Redeemable Noncontrolling Interest Equity Common Fair Value RedeemableNoncontrollingInterestEquityCommonFairValue	14126198	usd
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	7000000	shares
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	7000000	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3027738	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3027738	shares
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	254558	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3010457	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3010457	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	219459	shares
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	55690092	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	51688631	usd
CY2022Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2023Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2023Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2022Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2023Q1	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	23568556	usd
CY2022Q4	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	17011144	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	137125818	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	128994758	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	169247354	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	163672245	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	234530691	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	249821410	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	33990503	usd
CY2022Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	42256386	usd
CY2023Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	16362908	usd
CY2022Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	18646894	usd
CY2023Q1	dhil	Deferred Compensation Expense Benefit DeferredCompensationExpenseBenefit	744511	usd
CY2022Q1	dhil	Deferred Compensation Expense Benefit DeferredCompensationExpenseBenefit	-1178556	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3506070	usd
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3185971	usd
CY2023Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	1652503	usd
CY2022Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	1711160	usd
CY2023Q1	dhil	Mutual Fund Administration MutualFundAdministration	782944	usd
CY2022Q1	dhil	Mutual Fund Administration MutualFundAdministration	817878	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	23048936	usd
CY2022Q1	us-gaap	Operating Expenses OperatingExpenses	23183347	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	10941567	usd
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	19073039	usd
CY2023Q1	us-gaap	Investment Income Net InvestmentIncomeNet	8082738	usd
CY2022Q1	us-gaap	Investment Income Net InvestmentIncomeNet	-7592257	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	8082738	usd
CY2022Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-7592257	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	19024305	usd
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	11480782	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4921258	usd
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3205766	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	14103047	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	8275016	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1395495	usd
CY2022Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-854936	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	12707552	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	9129952	usd
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.20
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.87
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.20
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.87
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3025094	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3185930	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3025094	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3185930	shares
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	163672245	usd
CY2022Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	14126198	usd
CY2023Q1	dhil	Amortization Of Restricted Stock Grants AmortizationOfRestrictedStockGrants	2843574	usd
CY2023Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	7843	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	323070	usd
CY2023Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	1132507	usd
CY2023Q1	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	4597931	usd
CY2023Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	4576492	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	12707552	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	1395495	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	169247354	usd
CY2023Q1	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	17332798	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	184422902	usd
CY2021Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	17756336	usd
CY2022Q1	dhil	Amortization Of Restricted Stock Grants AmortizationOfRestrictedStockGrants	2248679	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	487870	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	487870	usd
CY2022Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	19249	usd
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CY2022Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	4818318	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	9129952	usd
CY2022Q1	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	-854936	usd
CY2022Q1	dhil	Subscription From Redemption Distribution To Noncontrolling Interest SubscriptionFromRedemptionDistributionToNoncontrollingInterest	3837120	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	182610019	usd
CY2022Q1	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	20738520	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	14103047	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	8275016	usd
CY2023Q1	us-gaap	Depreciation Depreciation	327961	usd
CY2022Q1	us-gaap	Depreciation Depreciation	362902	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	2899872	usd
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	2333530	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1506623	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	689625	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	3757754	usd
CY2022Q1	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	4081315	usd
CY2023Q1	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-1142808	usd
CY2022Q1	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	875549	usd
CY2023Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	6929916	usd
CY2022Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	-7998535	usd
CY2023Q1	us-gaap	Increase Decrease In Trading Securities IncreaseDecreaseInTradingSecurities	1306643	usd
CY2022Q1	us-gaap	Increase Decrease In Trading Securities IncreaseDecreaseInTradingSecurities	5129789	usd
CY2023Q1	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-26031780	usd
CY2022Q1	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-27346796	usd
CY2023Q1	us-gaap	Increase Decrease In Deferred Compensation IncreaseDecreaseInDeferredCompensation	486811	usd
CY2022Q1	us-gaap	Increase Decrease In Deferred Compensation IncreaseDecreaseInDeferredCompensation	-3379595	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	723698	usd
CY2022Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-691886	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-13780407	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-13678170	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	13876	usd
CY2022Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	22913	usd
CY2023Q1	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	5293030	usd
CY2022Q1	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	1684026	usd
CY2023Q1	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	4420337	usd
CY2022Q1	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	3541113	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-886569	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	1834174	usd
CY2023Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1132507	usd
CY2022Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	0	usd
CY2023Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	4576492	usd
CY2022Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	4818318	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	0	usd
CY2023Q1	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	1811105	usd
CY2022Q1	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	3837120	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	4570126	usd
CY2022Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	9317661	usd
CY2023Q1	dhil	Proceeds Received Under Employee Stock Purchase Plan ProceedsReceivedUnderEmployeeStockPurchasePlan	274617	usd
CY2022Q1	dhil	Proceeds Received Under Employee Stock Purchase Plan ProceedsReceivedUnderEmployeeStockPurchasePlan	371744	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-8193403	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-9927115	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-22860379	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-21771111	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	63195302	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	80550393	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	40334923	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	58779282	usd
CY2023Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	20696	usd
CY2022Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	487870	usd
CY2023Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-top:14pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Use of Estimates</span></div><div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the condensed consolidated financial statements requires management to make estimates and judgments that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements as well as the reported amounts of revenue and expense during the reporting period. Estimates have been prepared based on the most current and best available information, but actual results could differ materially from those estimates.</span></div>
CY2023Q1	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="margin-top:14pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Reclassification</span></div><div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior period amounts and disclosures may have been reclassified to conform to the current period’s financial presentation.</span></div>
CY2023Q1	us-gaap	Investments Investments	154784963	usd
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3185930	shares
CY2023Q1	us-gaap	Demand Deposit Accounts DemandDepositAccounts	1700000	usd
CY2023Q1	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	38600000	usd
CY2022Q4	us-gaap	Demand Deposit Accounts DemandDepositAccounts	2800000	usd
CY2022Q4	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	60400000	usd
CY2023Q1	us-gaap	Accounts Receivable Related Parties AccountsReceivableRelatedParties	8900000	usd
CY2022Q4	us-gaap	Accounts Receivable Related Parties AccountsReceivableRelatedParties	9300000	usd
CY2022Q4	us-gaap	Investments Investments	145675711	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	33990503	usd
CY2022Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	42256386	usd
CY2023Q1	dhil	Rolling Client Investment Performance Period RollingClientInvestmentPerformancePeriod	P5Y
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	0	usd
CY2023Q1	us-gaap	Equity Method Investments EquityMethodInvestments	25510684	usd
CY2022Q4	us-gaap	Equity Method Investments EquityMethodInvestments	24105808	usd
CY2023Q1	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	819135	usd
CY2022Q1	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	1443747	usd
CY2023Q1	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	5808171	usd
CY2022Q1	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-9750856	usd
CY2023Q1	us-gaap	Investment Income Dividend InvestmentIncomeDividend	1509288	usd
CY2022Q1	us-gaap	Investment Income Dividend InvestmentIncomeDividend	767885	usd
CY2023Q1	dhil	Investment Income Other Incomeloss InvestmentIncomeOtherIncomeloss	-53856	usd
CY2022Q1	dhil	Investment Income Other Incomeloss InvestmentIncomeOtherIncomeloss	-53033	usd
CY2023Q1	us-gaap	Investment Income Net InvestmentIncomeNet	8082738	usd
CY2022Q1	us-gaap	Investment Income Net InvestmentIncomeNet	-7592257	usd
CY2023Q1	dhil	Equity Method Investment Deferred Compensation Plan Investments EquityMethodInvestmentDeferredCompensationPlanInvestments	4800000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	0	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	1248358	usd
CY2023Q1	us-gaap	Equity Method Investments EquityMethodInvestments	25510684	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	660571	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	38627607	usd
CY2023Q1	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	23600000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	0	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	487870	usd
CY2023Q1	us-gaap	Defined Contribution Plan Employer Matching Contribution Percent Of Match DefinedContributionPlanEmployerMatchingContributionPercentOfMatch	2.500
CY2023Q1	us-gaap	Defined Contribution Plan Maximum Annual Contributions Per Employee Percent DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent	0.060
CY2023Q1	dhil	Deferred Compensation Arrangement Fully Vested Employee Elected Deferral Period Minimum DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriodMinimum	P5Y
CY2023Q1	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	31200000	usd
CY2022Q4	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	30700000	usd
CY2022Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.279
CY2023Q1	dhil	Lessee Leasing Agreements Operating Leases Areaunder Lease LesseeLeasingAgreementsOperatingLeasesAreaunderLease	37829	sqft
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	1000000	usd
CY2023Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	1200000	usd
CY2023Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	206077	usd
CY2022Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	204953	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	468134	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	624179	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	156045	usd
CY2023Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2022Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2023Q1	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.048
CY2022Q1	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.046
CY2023Q1	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense EffectiveIncomeTaxRateReconciliationNondeductibleExpense	0.015
CY2022Q1	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense EffectiveIncomeTaxRateReconciliationNondeductibleExpense	0.013
CY2023Q1	us-gaap	Effective Income Tax Rate Reconciliation Other Reconciling Items Percent EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent	0.006
CY2022Q1	us-gaap	Effective Income Tax Rate Reconciliation Other Reconciling Items Percent EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent	-0.009
CY2023Q1	dhil	Effective Income Tax Rate Reconciliation Not Including Non Controlling Interest Percent EffectiveIncomeTaxRateReconciliationNotIncludingNonControllingInterestPercent	0.279
CY2022Q1	dhil	Effective Income Tax Rate Reconciliation Not Including Non Controlling Interest Percent EffectiveIncomeTaxRateReconciliationNotIncludingNonControllingInterestPercent	0.260
CY2023Q1	us-gaap	Effective Income Tax Rate Reconciliation Minority Interest Income Expense EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense	0.020
CY2022Q1	us-gaap	Effective Income Tax Rate Reconciliation Minority Interest Income Expense EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense	-0.019
CY2023Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.259
CY2023Q1	us-gaap	Profit Loss ProfitLoss	14103047	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	8275016	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1395495	usd
CY2022Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-854936	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	12707552	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	9129952	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3025094	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3185930	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3025094	shares
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.20
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.87
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.20
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.87

Files In Submission

Name	View Source	Status
dhil-20230331_def.xml	Edgar Link	unprocessable
0000909108-23-000036-index-headers.html	Edgar Link	pending
0000909108-23-000036-index.html	Edgar Link	pending
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0000909108-23-000036-xbrl.zip	Edgar Link	pending
dhil-20230331.htm	Edgar Link	pending
dhil-20230331.xsd	Edgar Link	pending
dhil-20230331_g1.jpg	Edgar Link	pending
ex-101x20230331brilliantam.htm	Edgar Link	pending
ex-311x20230331.htm	Edgar Link	pending
ex-312x20230331.htm	Edgar Link	pending
ex-321x20230331.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
image_0.jpg	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
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dhil-20230331_cal.xml	Edgar Link	unprocessable
dhil-20230331_pre.xml	Edgar Link	unprocessable
dhil-20230331_lab.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
dhil-20230331_htm.xml	Edgar Link	completed
R2.htm	Edgar Link	pending
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R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

2023 Q2 Form 10-Q Financial Statement

#000090910823000036 Filed on May 10, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$DHIL DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

2023 Q2 Form 10-Q Financial Statement

#000090910823000036 Filed on May 10, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil